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Nov 8, 2012
11/12
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MSNBC
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boehner saying, quote, we are ready to be led. the question is do we have any reason to believe the two parties in washington will get along better in a second obama term? we'll see. >>> an ugly nor'easter complete with rain, wind and snow whips into the same parts of new york new york and new jersey that were wiped out by hurricane sandy. the question s what does the new storm mean for those still waiting for the lights to be turned on ten days now a
boehner saying, quote, we are ready to be led. the question is do we have any reason to believe the two parties in washington will get along better in a second obama term? we'll see. >>> an ugly nor'easter complete with rain, wind and snow whips into the same parts of new york new york and new jersey that were wiped out by hurricane sandy. the question s what does the new storm mean for those still waiting for the lights to be turned on ten days now a
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Nov 9, 2012
11/12
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FOXNEWSW
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john boehner said this is his moment. his opportunity to leave. shannon: i would like to play a little bit more about what john boehner has said. and then i would like to play more about what brett said about this. but first, what john boehner said to diane sawyer. >> raising taxes is the wrong prescription. >> raising tax rates is unacceptable. frankly, it could not even pass the house. shannon: bret baier is the anchor of special reporting. what is your reaction? we understand that the president will invite congressional leaders over. >> we will also probably here from his senior adviser, david plouffe. the one thing that is interesting, if you look at the polls on the question of income tax rates, you have 47% that want to increase for those about 250,000. no increase for anyone tax increases, and 13%, increases for all. 47% 1,250,000 or above and 48% don't raise them at all or reason for everyone. so, you know, if you look at the exit polls, there is not really a definitive answer there. the republicans are going to say this is not the right a
john boehner said this is his moment. his opportunity to leave. shannon: i would like to play a little bit more about what john boehner has said. and then i would like to play more about what brett said about this. but first, what john boehner said to diane sawyer. >> raising taxes is the wrong prescription. >> raising tax rates is unacceptable. frankly, it could not even pass the house. shannon: bret baier is the anchor of special reporting. what is your reaction? we understand...
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Nov 14, 2012
11/12
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FBC
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john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and concluded i think incorrectly that there is a huge amount of resources. i think that is untrue. >> a dozen of ceos meet with the president and a couple of hours from now after the president's news conference at 1:30. a number of these executives have been to the white house before. members of the export council, jobs council, ceo of of ge, tao, ford, also say what the white house on the different councils in some form or another. cheryl: we will be taken the tae news conference from the president lives and the ceo will have something to chew on afterwards. thank you very much. dennis: might get a little awkwa
john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and...
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Nov 10, 2012
11/12
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FOXNEWS
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boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if we do what the republicans want us to do it will increase economic growth by 1.5%. if we do what president obama wants us to do and what she just mentioned, it would raise economic growth by 1.25%, so it's more than just tax cuts, it's more than just tax increases, we have to actually reform entitlement programs. there's a lot that needs to be done before january 1st. >> kelly: what say you about this? is angela right, 1.5%, i understand it could be as high as 1.7% if they find agreement. >> number one thing we need to focus on, while the country elected the same congress and everyone is taking their old positions, democrats have new leverage and they have the power in this
boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if we do what the republicans want us to do it will increase economic...
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Nov 9, 2012
11/12
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FOXNEWSW
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house speaker john boehner says tax cuts are unacceptable. >> i remain optimistic we will be able to find common ground, find a way to work together. the leblgs is over. we have to get to work. >>> the congressional budgity office issuing a warning. if a compromise is not reached by the end of the year the economy could slip back into a recession. >>> law americas might not get the answers they are looking for after all about the deadly benghazi terror attacks. congressional hearings will be closed to the public. fox news learned some of the suspects in the attack were part of an egyptian terrorist group. the network made up of violent extremists is trying to develop ties with al qaeda. >> jared laughner will be spending the rest of his life behind bars. he killed 6 people and wounded 15 others including debbie gifford. he sentenced him to 7 consecutive life terms plus 140 years. gifford and her husband were in court. you may have put a bullet in her head but you have not put a dent in her spirit. >> outrage about the power outages. 60,000 people still in the dark in new york and in
house speaker john boehner says tax cuts are unacceptable. >> i remain optimistic we will be able to find common ground, find a way to work together. the leblgs is over. we have to get to work. >>> the congressional budgity office issuing a warning. if a compromise is not reached by the end of the year the economy could slip back into a recession. >>> law americas might not get the answers they are looking for after all about the deadly benghazi terror attacks....
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Nov 15, 2012
11/12
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MSNBC
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house speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world. >> national journal reports wisconsin congressman and former vp hopeful paul ryan will remain house budget committee chairman after being granted a gop waiver to avoid being term limited out of that spot. >>> senate majority leader harry reid lashed out at massachusetts senator scott brown mocking brown's calls for bipartisanship as a joke, describing brown as one of the most partisan senators ever to serve. >>> we now know which political office may be sought by another member of the bush family, george p. bush. his father, former florida governor jeb bush, confirms in a letter to potential donors that
house speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world....
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Nov 9, 2012
11/12
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CURRENT
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he needs a way to say he is going to get more revenue, and john boehner needs a fig leaf too. he can't raise taxes, he needs to say i'm raising revenue, and i'm not raising taxes, they get a deal and do some sort of tax reform in 2013. >> jennifer: very interesting. thank you so much for joining us. and coming up, if you want to be president, you have got a looming financial disaster on one plate and now a national security crisis on the other. cia director is sending shock waves through washington but suddenly resigning over an extramarital affair. plus united states now has only one female democratic governor the quantity is embarrassing, the quality on the other hand is not. new hampshire's mag give hanson is going to end ter "the war room." and the destruction provided by hurricane sandy provided a climate change overhaul. so now what do we do? we'll pose that great to the great bill mckib bonn. it's friday night. we are just getting started. (bleep)ing hat. >> i knew he needed to get out of the house i knew this would give him so much life. >> (grunting) >> i love getting
he needs a way to say he is going to get more revenue, and john boehner needs a fig leaf too. he can't raise taxes, he needs to say i'm raising revenue, and i'm not raising taxes, they get a deal and do some sort of tax reform in 2013. >> jennifer: very interesting. thank you so much for joining us. and coming up, if you want to be president, you have got a looming financial disaster on one plate and now a national security crisis on the other. cia director is sending shock waves through...
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Nov 9, 2012
11/12
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CNNW
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house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him sort of setting the scene and explaining to the american people what is at stake here, some of the things that christine outlined. we know that yesterday the cbo, congressional budget office put out a report saying that really the stakes here, that you could see the country sink into recession next year if we went off the fiscal cliff, that the unemployment rate could jump almost 2%. these are very serious things. this is post election. president obama's chance to kind of turn people's attention to this. and to urge congress to work together and to act. you heard him on tuesday night in chicago talking about the imp
house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him...
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>> they don't like obama's obama's, like harry reid are john boehner. these are the people that brought us to this point* but now they will get into roomto fix the problem they brought to was? i don't think so. the only good news december is seasol strength also 2013 we get more bearish into the year. gerri: is here any place to run and hide? >> housing stocks. gerri: they are already up. >> listen. something is going on. the nasdaq was down 80% through 2003 because interest rates stay low. short-term bonds but my big worry hitting the of financial stocks they broke down a few names as be real worried. gerri: as a result over regulation for financial's? >> of course. elizabeth warren has the senate seat wants to put the stranglehold on financial companies. we are dealing with what should be the opposite. too much government to much government spending, it has never worked in the history of time but that is the recipe and the market voted today. >> people are out there who say that is what we need. the market is not doing well, and neither is the economy
>> they don't like obama's obama's, like harry reid are john boehner. these are the people that brought us to this point* but now they will get into roomto fix the problem they brought to was? i don't think so. the only good news december is seasol strength also 2013 we get more bearish into the year. gerri: is here any place to run and hide? >> housing stocks. gerri: they are already up. >> listen. something is going on. the nasdaq was down 80% through 2003 because interest...
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Nov 9, 2012
11/12
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FOXNEWS
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president obama and house speaker john boehner speaking today about what is needed to avoid a potential economic crisis in january. >>> an ohio teen sentenced in a deadly plot to lure victims with phony job offers on craig's list. >>> silent killers of superstorm sandy d the threat of carbon monoxide exposure, dangers from downed power lines and contaminated water. it is all "happening now." jon: iran uping the stakes with the standoff over the west on its nuclear program. a good friday morning to you. i'm jon scott. >> i'm jamie colby. good to have you here. i'm in for jenna lee today. talk about happening now, there is lot happening this hour. let's start with this. iranian warplanes opening fire an unarmed u.s. drone? the pentagon said it was flying over the gulf. that international waters. fortunately the drone was not damaged. jon: all this as the you know announce as fresh round of new diplomatic talks with iran next month. national security correspondent jennifer griffin live at the pentagon with more on this. this happened november 1st. why are we hearing about it now? >> report
president obama and house speaker john boehner speaking today about what is needed to avoid a potential economic crisis in january. >>> an ohio teen sentenced in a deadly plot to lure victims with phony job offers on craig's list. >>> silent killers of superstorm sandy d the threat of carbon monoxide exposure, dangers from downed power lines and contaminated water. it is all "happening now." jon: iran uping the stakes with the standoff over the west on its nuclear...
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Nov 13, 2012
11/12
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CNN
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boehner and nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all top choices. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things average democrats and republicans say they agree on, other, they loathe them. is there anything that should be untouchable? >> the problems are real, no easy way out. we've got to come up with at least $4 trillion of deficit reduction a
boehner and nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided...
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Nov 9, 2012
11/12
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WBAL
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tears on barack obama's cheeks, looking a bit like john boehner. but now they will battle. for the past four years, republicans have been super- unified, not one defector in some of the biggest fights. now, before his second term even starts, president obama is vowing to get gop allies for this fight. wbal-tv 11 news. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> some breaking news out of baltimore city. a police officer has been suspended without pay. that is according to a police department spokesperson. this is pending a criminal investigation by the fbi. the officer was assigned to the violent crime impact division. he has drawn scrutiny and other alleged misconduct cases. stay with 11 news as we monitor the story for other developments. >> baltimore police officers spend the night knocking on doors in the search for parents of a two-year-old found wandering alone. police have located the child's parents after working with child protective services. the child was found by himself along the 4
tears on barack obama's cheeks, looking a bit like john boehner. but now they will battle. for the past four years, republicans have been super- unified, not one defector in some of the biggest fights. now, before his second term even starts, president obama is vowing to get gop allies for this fight. wbal-tv 11 news. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> some breaking news out of baltimore city. a...
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Nov 12, 2012
11/12
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MSNBC
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. >> reporter: but house speaker john boehner rejects any hike in tax rates. he would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger deep spending cuts and tax cuts. that could mean $2,000 more in taxes for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly, another recession. boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms. >>> two weeks after the destr
. >> reporter: but house speaker john boehner rejects any hike in tax rates. he would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger deep spending cuts and tax cuts. that could mean $2,000 more in taxes for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly, another...
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Nov 15, 2012
11/12
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KTVU
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last week, house speaker john boehner said that congress has ways to avert the fiscal crisis, but rewriting the tax code in two or three weeks is not one of them. lawmakers have until midnight on new year's eve to reach an agreement. the first round of meetings begins today. hurricane sandy's power-packed winds swept away sales momentum in the retail sector, especially in the car industry. prior to the storm, retail sales were edging higher. the month of september was revised up 1.3% from 1.1%. but after sandy, overall, retail sales slid .3% in october, the first dip in 3 months. automaker sales plunged 1.5%, the larget drop since august of 2011. car makers blame the storm for sluggish sales and predict a rebound in november. the national automobile dealer'' association is standing by its prediction that as many as a quarter of a million vehicles suffered damage from superstorm sandy. and as our cover story explains, many of them could be resold at auction and wind up on used car lots from coast-to- coast. the national automobile dealer'' association says despite fewer than 40,000 claims fi
last week, house speaker john boehner said that congress has ways to avert the fiscal crisis, but rewriting the tax code in two or three weeks is not one of them. lawmakers have until midnight on new year's eve to reach an agreement. the first round of meetings begins today. hurricane sandy's power-packed winds swept away sales momentum in the retail sector, especially in the car industry. prior to the storm, retail sales were edging higher. the month of september was revised up 1.3% from 1.1%....
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Nov 9, 2012
11/12
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WUSA
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. >> reporter: house speaker john boehner said republicans are willing to raise revenue but only under certain conditions. >> what matters is where the increased revenue comes from and what type of reform comes with it. >> reporter: vice president bid inis certain a solution can be found. >> we're not is going over the cliff. we're determined not to go over the cliff. i think better heads will prevail. >> reporter: finding a solution in a lame duck congress could prove complicated. and that report from the congressional budget office also said if no agreement is reached the jobless rate would go up to 9.1% next year. >> susan mcginnis in washington on a friday morning. thank you so much. here in the northeast recovery from a pair of powerful storms is slow, painful and frustrating. this morning air travel in new york is expected to return to normal following wednesday's nor'easter. the storms complicated problems by superstorm sandy. thousands remain without power or heat and can't get fuel. it's so bad doctors without borders set up its ever u.s. clinic. >> reporter: utility crews are
. >> reporter: house speaker john boehner said republicans are willing to raise revenue but only under certain conditions. >> what matters is where the increased revenue comes from and what type of reform comes with it. >> reporter: vice president bid inis certain a solution can be found. >> we're not is going over the cliff. we're determined not to go over the cliff. i think better heads will prevail. >> reporter: finding a solution in a lame duck congress could...
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Nov 9, 2012
11/12
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WBAL
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last night house speaker john boehner said he's optimistic about an agreement telling abc's diane sawer he's the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about. >> i made clear yesterday that raising tax rates is unacceptable. frankly, it couldn't even pass the house. >> at issue here, a perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it down for you. >> reporter: the campaign was tough. victory was sweet. now comes the hard part. >> on january 21st, 2013, there's going to be a massive fiscal cliff. >> reporter: so what exactly is the fiscal cliff? it's a nightmare combination of tax heights and spending cuts that congress agreed to to force themselves into a compromise but so far they haven't agreed on anything so barring a last-minute fix at the stroke of midnight on new year's eve the tax cuts expire, alternative minimum tax kicks in, more than half the fami
last night house speaker john boehner said he's optimistic about an agreement telling abc's diane sawer he's the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about. >> i made clear yesterday that raising tax rates is unacceptable. frankly, it couldn't even pass the house. >> at issue here,...
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Nov 12, 2012
11/12
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WUSA
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. >> while members are not supportive of the tax plan, john boehner are urging them to make compromise, something president obama senior adviser david axelrod called encouraging. >> there's money tbe gained by closing some of these loopholes and applying them to deficit reductions. >> one half of those automatic spending cuts would affect the defense department's budget. david martin shows us what that means for the military. >> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words. >> if sequestration goes into effect it's a disaster for national defense. >> reporter: the strategy of pivoting away from the wars in iraq and afghanistan towards the pacific and an emerging chinese superpower would come undone. >> all of that can go to hell if this congress doesn't face up and deal with the issue of sequestration. >> reporter: in this letter to senators panetta warned by the time sequestration was over the u.s. would have the smallest ground force since 1940, s
. >> while members are not supportive of the tax plan, john boehner are urging them to make compromise, something president obama senior adviser david axelrod called encouraging. >> there's money tbe gained by closing some of these loopholes and applying them to deficit reductions. >> one half of those automatic spending cuts would affect the defense department's budget. david martin shows us what that means for the military. >> reporter: the dreaded sequestration would...
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Nov 13, 2012
11/12
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CURRENT
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john boehner is signaling what he wants is to get an agreement that all the spending and all of the bush tax cuts will simply continue on after january 1st. >> eliot: i hate to sound like a broken record, but i completely agree with you. the president gains strength by waiting. i've written this. you've written this. the bush tax cuts expire of their own accord and the president is sitting there with a tax increase on the middle class but then he turns to the republicans and says lower tax taxes, and how can they vote against that. there were twin scourges that were predictedded by the deficit hawks. one, we would have rampant inflation if we had continued deficit spending, and the other that interest rates would necessarily skyrocket. neither has happened. >> quite the opposite. the yield on a ten-year treasury is below 2%. the dollar is basically a safe harbor for global sabers the united states and elsewhere because a lot of other places around the world are much more uncertain than the united states. so it is possible for the treasury to borrow at rock-bottom rates right now. there i
john boehner is signaling what he wants is to get an agreement that all the spending and all of the bush tax cuts will simply continue on after january 1st. >> eliot: i hate to sound like a broken record, but i completely agree with you. the president gains strength by waiting. i've written this. you've written this. the bush tax cuts expire of their own accord and the president is sitting there with a tax increase on the middle class but then he turns to the republicans and says lower...
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Nov 11, 2012
11/12
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CNNW
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i thought john boehner was emphatic when he said they're willing to open it with the right framework. thing this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargaining, the so-called lame duck session of the continuation. but i think you can scrape together enough to avoid sigh kwenltd strain. remember, they have to come up with only about $100 bill to set that aside. between spending cuts and loophol loopholes, i think you have to raise that. >> onpodesta, does the magts work, though, which is if you close produkz for the wealthy people, can you raise enough revenue? >> i think that's the fund mental question. >> well, i thnk the -- you know, this baurng the really contentious issue in the campaign. i think the only way do that is to take enough of a bite out of the plan. >> thing what the republicans would argue, david, is that the big problem is tax hikes are here to say and spending cutting tend to fritter away. is there a way do it to put away super majority, which is to say if you now want to go outside of this framework and raise spen
i thought john boehner was emphatic when he said they're willing to open it with the right framework. thing this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargaining, the so-called lame duck session of the continuation. but i think you can scrape together enough to avoid sigh kwenltd strain. remember, they have to come up with only about $100 bill to set that aside. between spending cuts and loophol loopholes, i think you have to raise that....
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Nov 9, 2012
11/12
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CNBC
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first was john boehner today, who with drew a line not against additional tax revenue but only against the idea of raising top rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know 700 no,000 jobs would b destroyed. we also know it would slow down our economy. >> and by the same token, president obama came out in the east room, and the line he drew was not in favor of higher -- insisting on higher tax rates, it's that we need more tax revenue from people at the top. >> i'm not whetted to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. >> so the keyword for the president is balanced. but more than one way to get there. maria, just before i came on air, got a statement from the bipartisan policy center in washington, which has been urging the two sides to come together on a simpson-bowles type solution. they said they were encouraged that both president obama and speake
first was john boehner today, who with drew a line not against additional tax revenue but only against the idea of raising top rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know 700 no,000 jobs would b destroyed. we also know it would slow down our economy. >> and by the same token, president obama came out in the east room, and the line he drew was not in favor of higher -- insisting on...
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Nov 14, 2012
11/12
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CNBC
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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. >>> last night house speaker john boehner -- also, he's not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear yesterday that raising tax rates is unacceptable and frankly it couldn't even pass the house. >> at issue here is this perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it dun for you. >> reporter: the campaign was tough. victory is sweet. now comes the hard part. >> on january 1st, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases. >> reporter: so what exactly is the fiscal cliff? it's night mare combination of tax hikes and spending cuts the president agreed to to force themselves into a compromise. so far, they haven't agreed on anything. so barring a last-minute fix at the stroke of midnight on new year's eve, the bush tax cuts expeer. the alternative minimum tax kicks in. more than half of all married couples with two children would owe an additional $4,000
. >>> last night house speaker john boehner -- also, he's not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear yesterday that raising tax rates is unacceptable and frankly it couldn't even pass the house. >> at issue here is this perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it dun for...
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earlier, house speaker john boehner told reporters that allowing tax cuts for the wealthy to expire at the end of the year would be harmful to the economy. "the congressional budget office released a report that the most harmful consequences of the fiscal cliff come from increasing tax rates, and according to ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country." the fiscal cliff is the result of the unresolved debt ceiling debate a year-and-a-half ago: $110 billion in spending cuts - half of it defense-related. it's also a list of tax breaks about to expire that includes: the bush tax cuts, the alternative minimum tax, reduced payroll tax, and the federal unemployment benefit extension. some believe that negotiations come so soon after the election that it may put pressure on republicans to compromise. "it's going to be a disaster if it doesn't get done, and the blame will be on them. they have to compromise - something they didn't do in the last session." when pressed for details as to what ground republicans could give in negotiations, house speake
earlier, house speaker john boehner told reporters that allowing tax cuts for the wealthy to expire at the end of the year would be harmful to the economy. "the congressional budget office released a report that the most harmful consequences of the fiscal cliff come from increasing tax rates, and according to ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country." the fiscal cliff is the result of the unresolved debt ceiling debate a year-and-a-half...
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it's like john boehner agreed to in priest negotiations. other members saying hey, we can cut a deal. the key, the republicans move that way on taxes. what will the president deliver on entitlements? that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax rate that. they see is punitive. and so they are trying to get ahead of that. being open and signaling publicly, celebrateing they're open to additional revenues they come without increases in rates. i don't know if it will end up in a compromise but they will incyst on seeing more from the white house. >> the first back and forth, though, promising? >> it is. each si
it's like john boehner agreed to in priest negotiations. other members saying hey, we can cut a deal. the key, the republicans move that way on taxes. what will the president deliver on entitlements? that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term....
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john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next to the man's name on a piece of paper is technically how we endorse a person in america. mr. mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally
john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in...
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so john boehner is the most reasonable, responsible guy in washington, according to john boehner. do you agree with that? >> well, you know, it's a new day. and perhaps there's a new john boehner. you know, i'm optimistic, and i think that, you know, elections clarify things and so i think this shows a very positive willingness to make a deal perhaps. >> ana, do you agree with that? >> well, zoraida, let's remember what the house of representatives is like. so it's not a high threshold to be the most responsible person in washington. but i do, you know, i do think that john boehner is doing everything he can to signal he's willing to work to the. i think he received a message that the american people said that they want to see some cooperation. and i do think john boehner is a businessman, a business oriented person who understands the economy, and understands that solving the fiscal cliff would be an important part of not having the economy go off a cliff again. now the big question is, okay, so john boehner thinks he's the most responsible person in washington. will his republic
so john boehner is the most reasonable, responsible guy in washington, according to john boehner. do you agree with that? >> well, you know, it's a new day. and perhaps there's a new john boehner. you know, i'm optimistic, and i think that, you know, elections clarify things and so i think this shows a very positive willingness to make a deal perhaps. >> ana, do you agree with that? >> well, zoraida, let's remember what the house of representatives is like. so it's not a high...
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. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everybody knows that something has to get done because the economy will take such a serious hit if it doesn't. here is where i see the battle line right now. republicans on capitol hill tell me they are willing to raise revenue. that's a big change. they are willing to raise revenue, but without a change in the tax rates. the president has said that the highest earning americans have to pay more. congressional republicans saying no change to the tax rates. that's a big difference of opinion. they'll have to find a way to bridge that divide. beyond that, they're willing to compromise on entitlements. they're willing to find cuts, so there does seem to be room for compromise. there's also a willingness to get something done an
. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everybody knows that something has to get done because the economy will take such a serious hit if it doesn't. here is...
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do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz will join us. >>> congresswoman gabby giffords will come face to face with the shooter who nearly took her life and the lives of 11 others. >>> why are we waiting on florida once again? we're going to talk to debbie wasserman schultz about her home state. president obama reelected. what should be the first thing on his agenda? . ♪ 99 bushels of wheat on the farm...99 bushels of wheat! ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat on the farm. 45 bushels of wheat! ♪ ...all morning l
do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz...
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he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw any lines in the sand, i don't believe, and i think we need to work together. >> the ceo of a global asset management firm put the odds at 30 to 40% that the u.s. will fall off the fiscal cliff. let's hope he's wrong. >>> governor john hickenlooper of colorado says don't break out the cheetos or the goldfish, at least not yet, after voters passed a ballot measure legalizing the recreational use of marijuana. that's setting up a looming legal battle with the justice department. we have this statement from the dea. "the drug enforcement administration's enfo
he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw...
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john boehner expected to hold a briefing. we'll take you back to that room as soon as the speaker begins. >>> the results of the election have been called a demo bomb. the president defying history to win back the white house with the minority vote. voters stood in line, some for hours, even after polls closed to cast ballots. joining me is ben gellis, president of the naacp. ahead of the election, much of it centered around voter suppression efforts around the country. now in an odd turn, karl rove has thrown out the theory that how the president won reelection. i want to show you. >> he succeeded by suppressing the vote. you may not like who i am, but i'm going to paint this other guy as a rich guy who only cares about himself. >> so president obama suppressed the vote. when we talk about voter suppression, there were real issues in florida and ohio and places where they were cutting back early voting. but is what we saw this week a backfire to what call the republican effort to suppress the vote. my voice will be heard. >>
john boehner expected to hold a briefing. we'll take you back to that room as soon as the speaker begins. >>> the results of the election have been called a demo bomb. the president defying history to win back the white house with the minority vote. voters stood in line, some for hours, even after polls closed to cast ballots. joining me is ben gellis, president of the naacp. ahead of the election, much of it centered around voter suppression efforts around the country. now in an odd...